Get Approved at The Lowest Rate
Securing a down payment can be one of the biggest challenges on the path to homeownership. That’s why we’re thrilled to offer a comprehensive Down Payment Assistance (DPA) program in Carmel Valley, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Carmel Valley, CA provides a financial boost to eligible homebuyers in Carmel Valley, CA, making it easier to cover the upfront costs of purchasing a home. This assistance is available in the form of a forgivable grant, which means you don’t have to repay it under certain conditions.
Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Carmel Valley, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Carmel Valley, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Carmel Valley, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.
Enjoy the freedom of homeownership in Carmel Valley, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.
To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:
A FICO score of 580 qualifies you for Approve/Eligible status in Carmel Valley, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Carmel Valley, CA.
If you’re still working, you must either be retired or actively volunteer in your community.
We are committed to guiding you through every step of the home-buying process in Carmel Valley, CA. Our experienced team will work closely with you to explore your options, ensuring you make informed decisions that suit your financial situation and homeownership goals.
Don’t let the down payment be a barrier to your dream home. Contact Horizon Lending Services today to learn more about our FHA Down Payment Assistance program in Carmel Valley, CA and take the first step towards owning your home. Our dedicated professionals are here to help you navigate the complexities of home buying with confidence and ease.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
FHA Down Payment Assistance Home Loan provides buyers in Carmel Valley, California with the opportunity to purchase a home with a lower down payment requirement, making homeownership more accessible. This program offers competitive interest rates and lenient qualification criteria, making it an attractive option for first-time homebuyers or those with less-than-perfect credit scores. Furthermore, FHA loans often have lower closing costs, allowing buyers to save money during the homebuying process. Demographics Carmel Valley, California, is a diverse and affluent community located in the scenic region of Monterey County. The area boasts a mix of professionals, families, and retirees, creating a vibrant and inclusive atmosphere. Housing Market The housing market in Carmel Valley is characterized by a mix of single-family homes, townhouses, and condominiums. The market has seen steady appreciation in home values, making it an attractive investment opportunity. Main Attractions Carmel Valley is known for its stunning natural beauty, with attractions such as Garland Ranch Regional Park, Carmel Valley Village, and a variety of wineries and vineyards. Residents also enjoy easy access to the nearby beaches and coastal amenities.
Benefits of FHA Down Payment Assistance Home Loan in Carmel Valley, California
